Our Portfolio
Sold: 217 units — Greater Miami
RESULTS
Year Built: 1970
Location: West Palm Beach, Florida
Purchase price (2015): $20 million
Equity invested: $5.6 million
CapEx budget: $246K
Sale price (2016): $22.4 million
- Investor IRR: 28.9%
- Equity multiple: 1.20x
West Palm Beach apartment complex sold for $20M − South Florida Business Journal
